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Thermal Warehouse on Large Lot

3982 Coolidge Springs Road Thermal, CA 92274

Claim this Listing
Pending
$750,000

LAND - Thermal, CA

Property size:
5,200 SF
Lot size:
9.38 Acres
Added:
Apr 23, 2026
Days on Market:
81
Last Refresh:
Jul 12 at 9:06 am

Property Features for 3982 Coolidge Springs Road

General Information

Property type
Land
Property subtype
Other
Fencing
Chain Link
Standard status
Pending
APN
001010032000
Size
5,200 SF
Lot size
9.38 Acres

Utilities

Utilities
Electricity Available
Sewer type
Septic Tank
Water source
Well

Listing agent Susan Harvey License #00957590

Listing office Desert Pacific Properties 44267 Monterey Ave Ste. A, La Quinta, CA

Listing date Apr 23, 2026

MLS# 219146856 Listing URL

Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property features an approximately 5,200 square foot warehouse/shop building situated on a 9.38-acre lot. The property is fully fenced and includes four 10'x12' roll-up doors. An attached shade structure provides approximately 3,600 square feet of additional covered area. The location offers frontage on Expressway 86 and is 22 miles from Coachella, 60 miles from El Centro, and 85 miles from the Mexico border. The sale includes a water truck and a CASE skip loader tractor. The property is located in Thermal, California.

Key Highlights

  • Large 9.38‑acre fully fenced lot.
  • Approx. 5,200 SF warehouse/shop building with four 10'x12' roll‑up doors.
  • Includes water truck and CASE skip loader tractor.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $74.3k $14.28
− Vacancy −$6.2k −$1.20
EGI $68.0k $13.08
− OpEx −$10.2k −$1.96
NOI $57.8k $11.12
5,200 SF · lease $14.28/SF/yr · vacancy 8.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$825.9K
$722.7K – $963.6K (±1% cap)
NOI $57,816 @ 7.0% cap · market cap 7.71%
Second Best
Industrial
$680.2K
$595.2K – $793.6K (±1% cap)
NOI $47,613 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,851 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Building Supply Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Supermarket Discount Store Hotel & Motel Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Warehouse - Warehouse/shop building on 9.38 acres with frontage on Expressway 86.
Where is this warehouse located?
The property is located at 3982 Coolidge Springs Road Thermal, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Large 9.38‑acre fully fenced lot.; Approx. 5,200 SF warehouse/shop building with four 10'x12' roll‑up doors.; Includes water truck and CASE skip loader tractor.
Contact an agent
More about this property
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